Expert advises: DAX in rally mode - price target 16,000 points with turbo long warrant ME38WY from Morgan Stanley

Expert advises: DAX in rally mode - price target 16,000 points with turbo long warrant ME38WY from Morgan Stanley

According to a report by www.finanzen.net, the DAX is still in rally mode and was able to exceed the 15,800 point mark this Thursday. It is expected that the DAX could head straight for the 16,000 point mark, as there is another Fibonacci fan in the monthly chart.

The 10 EMA in the daily chart is an important indicator of further upward movement in the DAX and is currently trading at 15,434 points. As long as the DAX is trading above the 10 EMA, prices can be expected to continue rising to 16,000 points. However, the DAX is currently very overbought, so possible long positions should be closely hedged. The area around 15,600 points below today's daily low is ideal for hedging.

The trading idea suggests opening a long position on the monthly chart and using a Turbo Long warrant (ME38WY) from Morgan Stanley, with a price target in the 16,000 point range. The stop could be placed around 15,600 points and should be quickly moved to deuce and, if possible, into profit.

Morgan Stanley's Turbo Long product details show a leverage of 19.32 and a knock-out threshold of 15,002.74 points. The advertising for the Stuttgart Stock Exchange emphasizes high liquidity, transparent prices and complete order execution.

Given the overbought situation of the DAX and the potential long positions, it is important to consider the risks of investing in the securities mentioned and to obtain comprehensive information before making decisions.